Thursday, December 14, 2023

IEA sees Indian oil product demand growth slowing in 2024

IEA sees Indian oil product demand growth slowing in 2024 In a monthly report, the IEA projected that India#39;s oil product demand growth would slow to 2.5% next year from 4.1% in 2023.

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Wednesday, December 13, 2023

TiE Silicon Valley to help Indian startups grow their markets in the US

TiE Silicon Valley to help Indian startups grow their markets in the US ."We see ourselves; TiE Silicon Valley is the gateway for the global entrepreneur. A bulk of those global entrepreneurs are coming from India," Anita Manwani, president of TiE (The Indus Entrepreneurs) Silicon Valley told PTI in a recent interview.

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Words Matter, Actions Too: Leadership lessons from the Ivy League

Words Matter, Actions Too: Leadership lessons from the Ivy League It is perhaps poetic justice that a basic lesson of leadership should come from the hallowed portals of one of the most revered academic institutions and business schools in the world.

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BPCL looking at buying Venezuela oil, official says

BPCL looking at buying Venezuela oil, official says "Our refineries are capable of processing Venezuelan oil and we have given our international trade (department) okay to buy it," Khanna said in an industry event.

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Titagarh Rail Systems raises Rs 700 crore via issue of shares to qualified institutional buyers

Titagarh Rail Systems raises Rs 700 crore via issue of shares to qualified institutional buyers The issue of Titagarh Rail Systems Ltd (TRSL), formerly known as Titagarh Wagons Ltd, opened on December 7 and closed on Tuesday.

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Tuesday, December 12, 2023

beatXP sales rise 11 times to Rs 250 crore during festive season sale

beatXP sales rise 11 times to Rs 250 crore during festive season sale beatXP, which sells fitness technology products, claims to have registered sales of only Rs 22 crore during the September-November festive season a year ago.

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Smoke and mirrors in October industrial production numbers

Smoke and mirrors in October industrial production numbers While the year-on-year IIP growth figures for October 2023 are very strong for all sectors, the same can’t be said for month-on-month growth

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USFDA issues Form 483 with 5 procedural observations to Torrent Pharma#39;s Gujarat unit

USFDA issues Form 483 with 5 procedural observations to Torrent Pharma#39;s Gujarat unit As per the US Food and Drug Administration (USFDA), Form 483 is issued to a firm#39;s management at the conclusion of an inspection when the investigator has observed any conditions that may constitute violations of the Food Drug and Cosmetic (FDC) Act and related Acts.

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Monday, December 11, 2023

Hindalco plans Rs 800 crore investment to set up battery foil manufacturing unit in Odisha

Hindalco plans Rs 800 crore investment to set up battery foil manufacturing unit in Odisha The facility, to be commissioned by July 2025, will initially produce 25,000 tonnes of the aluminium foil which forms the backbone of lithium-ion and sodium-ion cells, Hindalco Industries said.

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Adani contractor probed by India resurfaces under a new name

Adani contractor probed by India resurfaces under a new name In April 2016, PMC’s engineering business was folded into Howe, according to court filings. Howe has remained an Adani contractor for some of the largest ports and railway lines presently under construction in India, recent filings analyzed by Bloomberg show.

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Rajiv Jain-led GQG’s $10 billion India bet has winning picks beyond Adani

Rajiv Jain-led GQG’s $10 billion India bet has winning picks beyond Adani The value of India investments across six of GQG’s funds jumped to $9.9 billion compared with $4.4 billion a year earlier, according to data compiled by Bloomberg from latest regulatory filings and information on the Florida-based investor’s website.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/rajiv-jain-led-gqg’s-3610-billion-india-bet-has-winning-picks-beyond-adani_17366001.html

LTIMindtree Q4 Preview: Lower pass-through revenue seen impacting growth marginally

A compilation of estimates suggests the company#39;s Q4 FY24 net profit is projected to decline by 2.2 percent quarter on quarter to Rs 1,1...